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431 Nepean Highway, Frankston VIC 3199

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431 Nepean Highway, Frankston VIC 3199
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431 Nepean Highway, Frankston VIC 3199

Properties / Buy / Victoria / Frankston
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
2,110 m² (*approx)
Zoning
B1Z
Local Government
Frankston
Selling Method
For Sale: $8,900,000
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2. Property Highlights

The Sky's the Limit | Invest or Develop

Nichols Crowder is delighted to offer 431 Nepean Highway, Frankston to the market by private sale. 

'Chatsworth House', a multi-tenanted investment with 84% occupied by Government departments.

This three level office building commandingly sits in the heart of Frankston CBD with views across to the bay from the top level.

A significant site of some 2,110sqm* with 30m* of frontage to both Nepean Highway and Keys Street at the rear.

Adjoining Dan Murphy's and positioned directly opposite Bayside Shopping Centre, which is anchored by Coles, Woolworths, Kmart, Aldi, TK Max and Target, the property provides all the amenity at your doorstep.

Key features include:

* Total building area (over 3 levels): 5,567sqm*
* Total land area: 2,110sqm*
* 47 basement car park spaces
* Potential rent income: $1,000,000 p.a.*
* Freehold title with 30m* frontages to Nepean Highway and Keys Street
* 84% leased to Government tenants
* Favourable Commercial 1 Zoning
* Terms of sale 10% balance settlement 30/60/90 days
* Vendor terms available 30% deposit, balance over 5 years @ 8% interest


For further information or to arrange an inspection, please contact:

Linda Ellis – 0400 480 397
James Dodge – 0488 586 896
Jamie Stuart – 0412 565 562

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Read More

1. Property Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
2,110 m² (*approx)
Zoning
B1Z
Local Government
Frankston
Selling method
For Sale: $8,900,000

2. Property Highlights

The Sky's the Limit | Invest or Develop

Nichols Crowder is delighted to offer 431 Nepean Highway, Frankston to the market by private sale. 

'Chatsworth House', a multi-tenanted investment with 84% occupied by Government departments.

This three level office building commandingly sits in the heart of Frankston CBD with views across to the bay from the top level.

A significant site of some 2,110sqm* with 30m* of frontage to both Nepean Highway and Keys Street at the rear.

Adjoining Dan Murphy's and positioned directly opposite Bayside Shopping Centre, which is anchored by Coles, Woolworths, Kmart, Aldi, TK Max and Target, the property provides all the amenity at your doorstep.

Key features include:

* Total building area (over 3 levels): 5,567sqm*
* Total land area: 2,110sqm*
* 47 basement car park spaces
* Potential rent income: $1,000,000 p.a.*
* Freehold title with 30m* frontages to Nepean Highway and Keys Street
* 84% leased to Government tenants
* Favourable Commercial 1 Zoning
* Terms of sale 10% balance settlement 30/60/90 days
* Vendor terms available 30% deposit, balance over 5 years @ 8% interest


For further information or to arrange an inspection, please contact:

Linda Ellis – 0400 480 397
James Dodge – 0488 586 896
Jamie Stuart – 0412 565 562

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Read More
Development Potential

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3. Property Location

431 Nepean Highway, Frankston VIC 3199

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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431 Nepean Highway, Frankston VIC 3199 Frankston
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Nichols Crowder - Carrum Downs
Nichols Crowder - Carrum Downs
Level 1, 1 Colemans Rd, Carrum Downs VIC 3201
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Linda Ellis
Linda Ellis
+61 *** *** *** show +61 400 480 397
James Dodge
James Dodge
+61 *** *** *** show +61 488 586 896
Jamie Stuart
Jamie Stuart
+61 *** *** *** show +61 412 565 562
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